Company

The SiC Processing GmbH is the leading provider for the conditioning of used slurry from the photovoltaic industry and the semiconductor industry. Our broad and international customer base consists of wafer manufacturers from the photovoltaic industry and the semiconductor industry. The philosophy of the SiC Group includes long-term contracts, a close and established mutual trust and a partnership-based business model.

SiC NEWS

By request of the insolvency administrator of the assets of SiC Processing GmbH and in the interest of the bond holders, the stock exchange operator informed the specialist who ensures the trade at the Frankfurt Stock Exchange that in his opinion there are no objections to extending the tradability of the SiC Processing bond 7.125% (WKN: A1H3HQ / ISIN: DE000A1H3HQ1) at the Frankfurt Stock Exchange beyond its final maturity on the 01 March 2016.

Hirschau, 26 March 2013 – Today, the supervisor of SiC Processing GmbH, Dr Hubert Ampferl, has notified the local court of Amberg pursuant to sections 285, 208 of the German Insolvency Code that the insolvency estate is currently insufficient to cover the costs of the insolvency proceedings and the other liabilities of the estate which are due and payable. As a consequence, the company has – for the time being - not to satisfy the liabilities of the estate which came into existence up to now. This step enables the company, to fulfil its contractual obligations arising from service, supply, employment and other contracts and to satisfy new liabilities of the estate resulting from such contracts.